Fidelity National Information Services, Inc. FIS

Fidelity National Information Services, Inc. (FIS), incorporated on March 2, 2001, is a financial services technology company. The Company focuses on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting and outsourcing solutions. The Company operates through three segments: Integrated Financial Solutions (IFS), Global Financial Solutions (GFS), and Corporate and Other.

Integrated Financial Solutions

The IFS segment is focused on serving the North American regional and community bank and savings institutions market for transaction and account processing, payment solutions, channel solutions, digital channels, risk and compliance solutions, and services. The Company's solutions in the IFS segment include core processing and ancillary applications; digital solutions, including Internet, mobile and e-banking; fraud, risk management and compliance solutions; electronic funds transfer and network services; card and retail solutions; corporate liquidity; wealth management; item processing and output services; government payments solutions, and e-payment solutions. Its core processing software applications are designed to run banking processes for its financial institution clients, including deposit and lending systems, customer management, and other central management systems, serving as the system of record for processed activity. It also offers a range of services that are ancillary to the primary applications, including branch automation, back office support systems and compliance support. Its suite of retail delivery applications enables financial institutions to integrate and streamline customer-facing operations and back-office processes. It provides mobile banking solutions and electronic banking solutions to manage banking and payments through the Internet, mobile devices, accounting software and telephone. Its corporate electronic banking solutions provide commercial treasury capabilities, including cash management services and multi-bank collection and disbursement services that address the specialized needs of corporate clients.

The Company's decision solutions offer a range of options that cover the account lifecycle from helping to identify qualified account applicants to managing existing customer accounts and fraud. Its applications include know-your-customer, new account decisioning and opening, account and transaction management, fraud management and collections. Its risk management services use risk management models and data sources to assist in detecting fraud and assessing the risk of opening a new account. It also provides outsourced risk management and compliance solutions. The Company's electronic funds transfer and debit card processing businesses offer settlement and card management solutions for financial institution card issuers. It provides traditional automated teller machine (ATM) through New York Currency Exchange (NYCE), and real-time payment alternatives.

The Company offers Europay, MasterCard and VISA (EMV) integrated circuit cards, as well as a range of stored-value card types and loyalty/reward programs. Its integrated services range from card production and activation to processing to a range of fraud management services and loyalty programs designed to increase card usage and fee-based revenues for financial institutions and merchants. The Company also provides prepaid card services, which include gift cards and reloadable cards. Its corporate liquidity solutions help chief financial officers and treasurers manage working capital by increasing visibility to cash, reducing risk and improving communication and response time between a company's buyers, suppliers, banks and other stakeholders. Its end-to-end collaborative financial management framework helps bring together receivables, treasury and payments for a single view of cash and risk, which helps its clients optimize business processes for liquidity management. It provides wealth management solutions that help banks, trust companies, brokerage firms, insurance firms, benefit administrators and independent advisors acquire, service and grow their client relationships. It provides solutions for client acquisition, transaction management, trust accounting and recordkeeping that can be deployed as stand-alone products or as part of an integrated wealth management platform.

The Company's item processing services provide financial institutions with the technology needed to capture data from checks, transaction tickets and other items; image and sort items; process exceptions through keying, and perform balancing, archiving and the production of statements. Its solutions include distributed data capture, mobile deposit capture, check and remittance processing, fraud detection, and document and report management. The Company offers a range of output services that are ancillary to the primary solutions, including print and mail capabilities, document composition software and solutions, and card personalization fulfillment services. Its print and mail services offer complete computer output solutions for the creation, management and delivery of print and fulfillment needs. It provides card personalization fulfillment services for branded credit cards and branded and non-branded debit and prepaid cards.

The Company provides customized electronic service applications for government agencies, including Internal Revenue Service (IRS) payment services, government food stamp and nutrition programs known as Supplemental Nutrition Assistance Program (SNAP) and Women, Infants and Children (WIC). It also facilitates the collection of state income taxes, real estate taxes, utility bills, vehicle registration fees, driver's license renewal fees, parking tickets, traffic citations, tuition payments, court fees and fines, hunting and fishing license fees, as well as various business licenses. The Company provides bill publishing and bill consolidation technology for its clients, generating and facilitating the payment of millions of monthly bills, servicing both billers and financial institution clients. Online bill payment functionality includes credit and debit card-based expedited payments. Its end-to-end presentment and payment solution provides a solution to meet billers' needs for the distribution and collection of bills and other customer documents. FIS also provides Automated Clearing House (ACH) processing.

Global Financial Solutions

The GFS segment is focused on serving the financial institutions and/or international financial institutions with a range of capital markets and asset management and insurance solutions, as well as banking and payments solutions and consulting and transformation services. The Company's solutions in the GFS segment include retail banking and payments services; securities processing and finance; asset management and insurance; global trading, and strategic consulting services. Its offerings help financial institutions to increase the transparency and control of their back-office trading operations, post-trade processing and settlement, risk management, securities lending, syndicated lending, tax processing and regulatory compliance. Its trading solutions provide trade execution, data and network solutions to financial institutions, corporations and municipalities in North America, Europe and other global markets across a range of asset classes. Its trade execution and network solutions help both buy- and sell-side firms increase execution quality, decrease overall execution costs and address trade connectivity challenges. It offers solutions that help institutional investors, insurance companies, hedge funds, private equity firms, fund administrators and securities transfer agents increase both investment decision-making and operational efficiency, while managing risk and increasing transparency. Its Asset Management solutions support every stage of the investment process, from research and portfolio management, to valuation, risk management, compliance, investment accounting, transfer agency and client reporting.

The Company's Insurance solutions help support front office and back office functions, including actuarial risk calculations, policy administration and financial and investment accounting and reporting for a range of insurance lines, including life and health, annuities and pensions, property and casualty, reinsurance and asset management. The Company's banking solution services include fully outsourced core bank processing arrangements, application management, software licensing and maintenance and facilities management. Its payment solution services include fully outsourced card-issuer services and customer support, payment processing (including real-time payments) and switching services, prepaid and debit card processing, software licensing and maintenance, outsourced ATM management and retail point-of-sale check warranty services. It provides consulting, technology and information technology (IT) transformation services to financial institutions. Its consultants work with financial institutions to design and implement improvements in their information technology architecture, providing design, digital strategy consulting, program and change management and delivery services.

Corporate and Other

The Company's business solutions in Corporate and Other segment include Public Sector and Education, Global Commercial Services and Retail Check Processing. Its solutions provide enterprise resource planning and administrative software to domestic state and local governments and K-12 educational institutions. Its public sector offerings are designed to meet the specialized needs of local and state governments, public safety and justice agencies, and K-12 educational institutions. These offerings include software and technology services supporting a range of specialized enterprise resource planning and administrative processes for functions, such as accounting, human resources, emergency dispatch operations, the operation of courts and jails, and K-12 student information systems. Its global commercial services include solutions, both onshore and offshore, designed to meet the technology challenges facing clients, large or small, including financial institutions and non-financial institutions. These solutions range in scope from operations support for a single application to full management of information technology infrastructures. It also provides outsourcing teams to manage costs, increase operational efficiency and transform its clients' back office and customer service processes. Its check authorization business provides check risk management and related services to businesses accepting or cashing checks.